This follows the decision in February 2016 by Italy’s Ministry of Economic Development not to award the company a production concession covering the field.
The tripod had been installed in 2008 and would have formed part of the future production facilities under Rockhopper’s plan.
Last August the jackupAtwood Beacon P&A’d the existing OM-2 well.
In the northern Adriatic Sea in the Italian sector, Rockhopper and operator Eni are examining more efficient and cost-effective methodologies for produced water disposal at theGuendalina gas field, which started production in late 2011.
The duo hopes these measures will lead to a significant reduction in field opex.
In the offshore south/east Falklands basin, Noble Energy and Edison have served notice of their intention to withdraw from acreage that includes the unsuccessfulHumpback exploration well.
Rockhopper, an existing partner, will as a result assume a 100% working interest. The company’s sub-surface team will continue to assess remaining prospectivity on the acreage ahead of a decision on whether to extend the current phase of the licenses.